SOD Boss Defends Mercator Sale as Good Deal

Ljubljana, 12 December - The director of the state-run SOD fund has defended the sale of Mercator in mid-2005 as a good deal for SOD. Marko Pogacnik told the press in Ljubljana on Wednesday that the state fund used the proceeds from the sale to purchase stakes with higher yield.

Ljubljana SOD director Marko Pogacnik (left) and SOD chairman Milan Podpecan (right) defended the sale of Mercator as financially sound. Photo: Stanko Gruden/STA

Ljubljana
SOD director Marko Pogacnik (left) and SOD chairman Milan Podpecan (right) defended the sale of Mercator as financially sound.
Photo: Stanko Gruden/STA

Ljubljana SOD chairman Milan Podpecan defended the sale of Mercator as financially sound. Photo: Stanko Gruden/STA

Ljubljana
SOD chairman Milan Podpecan defended the sale of Mercator as financially sound.
Photo: Stanko Gruden/STA

Ljubljana SOD director Marko Pogacnik defended the sale of Mercator as financially sound. Photo: Stanko Gruden/STA

Ljubljana
SOD director Marko Pogacnik defended the sale of Mercator as financially sound.
Photo: Stanko Gruden/STA

Ljubljana SOD director Marko Pogacnik (middle) and SOD chairman Milan Podpecan (right) defended the sale of Mercator as financially sound. Photo: Stanko Gruden/STA

Ljubljana
SOD director Marko Pogacnik (middle) and SOD chairman Milan Podpecan (right) defended the sale of Mercator as financially sound.
Photo: Stanko Gruden/STA

The rest of this news item is available to subscribers.
The news item consists of 1.831 characters (without spaces) or 350 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

gj/sm
© STA, 2007